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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 422.21+1.9%4:00 PM EST

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To: carranza2 who wrote (86507)1/28/2012 12:06:13 AM
From: TobagoJack  Read Replies (1) of 219280
 
Watching Harry potter w/ the kids n waiting for lunch burgers ... 6 days of Thai food is enough

Was just wandering n wondering ... It is rare that we are handed a clear n present opportunity to profit and also be back-stopped by so much officialdom promise, and given what some insiders said, I suppose some care is required, but not much more than we can muster while feeding milk to the baby

· “We looked into the abyss if the gold price rose further. A further rise would have taken down one or several trading houses, which might have taken down all the rest in their wake. Therefore at any price, at any cost, the central banks had to quell the gold price, manage it. It was very difficult to get the gold price under control but we have now succeeded. The US Fed was very active in getting the gold price down. So was the U.K.” – Sir Eddie George, Bank of England, September 1999

· “Gold, unlike all other commodities, is a currency...and the major thrust in the demand for gold is not for jewelry. It’s not for anything other than an escape from what is perceived to be a fiat money system, paper money, that seems to be deteriorating.”– Alan Greenspan, ex-US Federal Reserve Chairman, August 23, 2011
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